M&A activity declined in 2016, and now dealmakers eye Trump

The global auto industry looks healthy this year, but PwC says mergers and acquisition experts want to assess President Trump's influence on environmental rules, international trade and the overall economy before pursuing new deals.

 

Bosch, Mahle to bail out of turbochargers JV

Mahle and Robert Bosch plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth. Their joint venture, Bosch Mahle Turbo Systems, has two plants in Austria and China and employs 1,400 workers.

Lear CEO says he's not planning run for Mich. governor

The rumors continue to circulate: Will Lear CEO Matt Simoncini run for governor of Michigan? He says there are no such plans.

Denso changes its recruiting as needs widen

Denso's new strategy for filling engineering vacancies: recruit engineers in Detroit and dispatch them all over the country.

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Bosch, Mahle to bail out of turbochargers JV

Mahle and Robert Bosch plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth. Their joint venture, Bosch Mahle Turbo Systems, has two plants in Austria and China and employs 1,400 workers.

Calsonic Kansei takes top Shareholder Value Awards

Calsonic Kansei Corp., of Japan, grabbed both the one- and three-year crowns in the 2016 Global Automotive Shareholder Value Award from PwC and Automotive News, presented at the Automotive News World Congress Jan. 11.

Cheaper lidar on the way

Lidar sensing technology is perceived as a critical component for autonomous vehicles, but is too costly to use. Some suppliers say they finally know how to produce lidar less expensively.

BMW plans more purchasing with Daimler, report says

BMW plans to expand its cooperation with Daimler in purchasing components, the automaker's new head of purchasing, Markus Duesmann, told a German newspaper. BMW will have to alter its procurement to meet the trend for EVs and autonomous driving, Duesmann also said.

Another round of Takata airbag recalls filed by 13 automakers

More than a dozen automakers this week recalled another 652,000 vehicles with Takata airbag inflators in the U.S. to replace front passenger inflators as the largest callback in the history of the auto industry continues to cascade through the regulatory process.

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